World News

OPEC Fund Approves over $600 Million in New Financing to Strengthen Connectivity, Human Capital and Economic Resilience

The new commitments reflect the OPEC Fund’s efforts to promote inclusive and resilient growth in line with its strategic priorities April 4, 2025/OPEC Fund The OPEC Fund for International Development (OPEC Fund) has approved over US$600 million in new development financing to support sustainable infrastructure, private sector development, food security […]

IMF Says Trump’s Tariff Represent Significant Risk to Global Outlook

April 3, 2025/IMF Today, IMF Managing Director Kristalina Georgieva issued the following statement on yesterday’s announcement of U.S. tariffs: “We are still assessing the macroeconomic implications of the announced tariff measures, but they clearly represent a significant risk to the global outlook at a time of sluggish growth. It is […]

AfDB-Supported Projects in Senegal, Rwanda Clinch Top Honors at 2025 Bonds, Loans & ESG Capital Markets Africa Awards

Members of the AfDB team that participated in Rwanda’s €200 M award-winning ESG loan in Cape Town. Image Credit: AfDB The awards celebrate Africa’s most innovative and transformative financial deals, highlighting exemplary execution, effective mobilization of new liquidity pools, and innovative deal structuring April 2, 2025/AfDB Two African Development Bank […]